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Broadband

Plenty of candidates to buy SFR Belgium

Thursday 7 July 2016 | 17:18 CET | Author: Tim Poulus | Market Commentary
Altice has reportedly put SFR Belgium/Luxembourg up for sale. According to a report from the Financial Times, the company wants to shed the small operation in order to concentrate on its bigger markets, such as the US, France and Portugal. The BeLux activities could be worth around EUR 500 million. This may appear high, but SFR Belgium earns a very nice margin. And there are plenty of candidates to buy, helping drive up the price.

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Categories: Fixed
Companies: Altice Europe / Orange / Proximus / SFR / Telenet / Voo
Countries: Belgium
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